Curve Finance Warns PancakeSwap About Licensing Violation

Curve Finance’s team has accused PancakeSwap of using its code without proper licensing. The code in question is tied to the “StableSwap” feature used for swapping stablecoins and “tightly‑pegged” assets on PancakeSwap Infinity.

On X, Curve wrote, "If you want to enjoy using stableswap without legal problems and to borrow some of our expertise to keep users SAFU, you still can contact us for licensing and collaboration."

The Curve team added that "deep stableswap expertise" is needed to safely integrate swap features, citing the 2022 hack of the Saddle Finance DEX and the $116 million hack of Balancer in 2025 as examples of swap-based code exploits.

PancakeSwap said it would reach out to Curve to discuss the matter, and Curve replied, "Indeed, better to be friends and build together." The incident highlights cybersecurity and legal risks in DeFi as projects iterate on products and expand features.

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